Announced

Cashfree Payments completed the acquisition of Zecpe.

Synopsis

Cashfree Payments, a payment disbursal platform used by businesses to do bulk payouts, completed the acquisition of Zecpe, a one-click checkout company. Financial terms were not disclosed. “We see immense synergies between our existing products and the solutions offered by Zecpe, making it an excellent addition to our D2C Payments Suite enabled for e-commerce businesses. We are certain that this acquisition will strengthen our D2C one-click checkout capabilities and further elevate our leadership position in the SMB space," Akash Sinha, Cashfree Payments Co-Founder and CEO.

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